The Board of Directors of Union Real Estate Company announced that, pursuant to a resolution issued by the Annual General Meeting (AGM) held on 12 April 2023, the company shall distribute7% of the nominal share value in cash dividend (i.e., 7 fils per share), to shareholders registered in the company’s records as of the AGM date. The company noted that distributions shall commence on Sunday, 30 April 2023, noting that they will be transferred to the shareholders’ bank accounts via E-dividend service from Kuwait Clearing Company.

The company advised shareholders who were not registered in the E-dividend service to check with their local or foreign bank branches in Kuwait to sign up for the service